(Entertainment-NewsWire.com, September 16, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Beverage Containers market for 2018-2023. Metal containers, the second leading beverage container type in unit terms due to widespread use in the sizable soft drink and beer markets, will register minimal growth as a result of declining soft drink and beer production. However, good prospects are expected in fast-growing beverages such as energy drinks and eight-ounce soft drink cans. Demand for aluminum bottles will increase rapidly from a low base due to their upscale appearance, which provides a key element of product differentiation. Glass container demand will expand modestly, helped by the entrenched position of bottles in wine packaging and robust gains in markets such as RTD tea and other nonalcoholic RTD beverages, where glass’ premium image continues to be a marketing advantage. Demographic trends, particularly above-average growth in the 55 and over population, an important wine cohort, will also aid glass container demand. Declining demand for paperboard containers will stem from continued supplantation of gabletop cartons by plastic bottles and aseptic cartons by pouches. However, healthy growth for soymilk, which utilizes a significant amount of paperboard containers, will boost demand. Additionally, bag-in-box wine containers will see robust gains based on their convenience and ongoing efforts to improve their image. Flourishing demand for alternatives to the carbonated drinks along with increasing consumer preferences for single serving containers is expected to drive beverage containers market growth over the forecast period. In addition, these containers also assist in minimizing post production damage which is further expected to fuel the industry demand. However, the industry is likely to gain its potential due to intense expansion of the energy and specialty drinks industry along with product innovations such as shaped and vented cans. In addition, inroads by cans in the craft beer market are estimated to support the beverage container market demand. Robust increase in demand for aluminium bottles can be subjected to the upscale appearance as well as product differentiation offered in beer industry. Asia Pacific beverage containers market size accumulated around 34% of the overall industry share in 2014. The surge in the industry is due to increasing demand for glass bottles from beer industry in the region over the forecast period. Over the next five years, this report projects that Beverage Containers will register a 2.8% CAGR in terms of revenue, reach US$ 64300 million by 2023, from US$ 54500 million in 2017. This report presents a comprehensive overview, market shares, and growth opportunities of Beverage Containers market by product type, application, key manufacturers and key regions. To calculate the market size, this report considers value and volume generated from the sales of the following segments: Segmentation by product type: Plastic Metal Glass Paperboard Segmentation by application: Carbonated Soft Drinks Bottled Water Milk Fruit Beverages Sports Beverages Ready-To-Drink Tea Enhanced Water Beer Wine Distilled Spirit This report also splits the market by region: Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Spain Middle East & Africa Egypt South Africa Israel Turkey GCC Countries The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Tetra Laval International Stora Enso Oyj Owens-Illinois Crown Holdings Mondi Amcor Limited Reynolds Group Holdings Limited ... In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development. Research objectives To study and analyze the global Beverage Containers consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023. To understand the structure of Beverage Containers market by identifying its various subsegments. Focuses on the key global Beverage Containers manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the Beverage Containers with respect to individual growth trends, future prospects, and their contribution to the total market. To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). To project the consumption of Beverage Containers submarkets, with respect to key regions (along with their respective key countries). To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. To strategically profile the key players and comprehensively analyze their growth strategies.
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